OTTO BREMER TRUST
OTTO BREMER TRUST
OTTO BREMER TRUST
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$89,366,853
Investments
78%
Other
22%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$93,908,405
Grants
84%
Fees to Service Providers
7%
Salaries & Benefits
5%
Other
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$74,490,451
$69,470,043
-7%
Other
$9,188,732
$19,896,810
+117%
Total Revenues
$83,679,183
$89,366,853
+7%
Expenses
2023
2024
Change
Grants
$111,935,988
$79,211,586
-29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,635,507
$4,674,021
+1%
Fees to Service Providers
$3,556,974
$6,904,773
+94%
Advertising & Promotion
$52,145
$50,376
-3%
Offices, Occupancy & IT
$491,547
$504,869
+3%
Interest
$0
$0
-
Depreciation
$310,191
$327,410
+6%
Other
$1,851,445
$2,235,370
+21%
Total Expenses
$122,833,797
$93,908,405
-24%
Net income
2023
2024
Change
Net income
-$39,154,614
-$4,541,552
+88%
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